Services Buoy U.S. Consumer Spending; Inflation Pushes Higher

Reuters, July 30, 2021–Lucia Mutikani
U.S. consumer spending surged in June as vaccinations against COVID-19 boosted demand for travel-related services, but part of the increase reflected higher prices, with annual inflation accelerating further above the Federal Reserve’s 2% target.
https://www.reuters.com/world/us/us-consumer-spending-rises-strongly-june-inflation-increases-2021-07-30/